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The UK government built a $146 billion war chest to stop a run on the pound in the case of a ‘no-deal’ Brexit, Bank of America says
The war chest suggests there was a "chance the UK would leave the EU without a deal and thus [create] a run on the pound," the BofA analysts say.
The Liberal Democrats have warned that a no-deal Brexit would cost the UK's place in the EU's Earth Observation programme.
No-deal Brexit stockpiling panic as British businesses warn warehouses are already booked up for Christmas
British companies could be unable to stockpile goods for a potential no-deal Brexit on October 31.
Companies are set to stockpile goods like food, medicine and clothes amid fears of the UK leaving the EU without a deal just weeks before Christmas.
Theresa May tells civil service to stop planning for a no-deal Brexit after spending £4 billion on it
Pro-Brexit Conservatives are furious with Theresa May's government after it "stood down" planning for a no deal exit.
The House of Commons will now vote on whether to ask the European Union to delay Brexit beyond March.
The UK parliament is battling to take control of Brexit after prime minister Theresa May's Brexit deal was defeated by MPs.
Exclusive: Leaked minutes from a meeting of vehicle crash repair leaders reveals that repair firms would collapse within weeks of no-deal Brexit.
"If the business environment becomes very difficult to operate, of course those types of decisions should be on the agenda," Toyota's Europe boss said.
This week, analysts JPMorgan and Pantheon Macroeconomics both affirmed their belief that the chance of a no deal Brexit is around 10-15%.